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This week at IBEC

The latest IBEC Quarterly Economic Trends published this week said that the challenging economic outlook for 2012, both domestically and in the wider eurozone, reinforced the urgent need for the upcoming Government jobs strategy to include ambitious new stimulus measures to support jobs and growth.

We believe this should include a major investment in physical and human capital, and new initiatives to support domestic demand. We had previously set out a range of cost-neutral proposals in this regard, including allowing people access a portion of their AVCs and personal pension schemes, so this money can be spent in the economy now. Such a move could release €1.3 billion into the economy.

Read our Quarterly Economic Trends report here.

Danny McCoy
Director General, IBEC

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© IBEC, 2012
Irish Business and Employers Confederation
IBEC Limited is registered in Ireland. Registration No. 8706
Registered directors: Donal Byrne, Maurice Pratt, Breege O'Donoghue
Registered address: Confederation House 84/86 Lower Baggot Street Dublin 2
Phone +353 (0)1 605 1500 Fax +353 (0)1 638 1500 Email info@ibec.ie

© Irish business and employer confederation (IBEC), 2012
IBEC Head Office
Confederation House, 84/86 Lower Baggot Street, Dublin 2, Ireland
Tel: (01) 605 1500, Fax: (01) 638 1500